profit warning
, slip 0.4%
negative read-across
from weak Wines & Spirits unit performance - France's Remy Cointreau slips 0.3%, while Pernod Ricard inches up 0.6%, Britain's Diageo flat
reads as "helpful"
to the sector, analysts say
Wed, 17th Apr 2024 08:48
profit warning
, slip 0.4%
negative read-across
from weak Wines & Spirits unit performance - France's Remy Cointreau slips 0.3%, while Pernod Ricard inches up 0.6%, Britain's Diageo flat
reads as "helpful"
to the sector, analysts say
LONDON, Jan 12 (Reuters) - Shares in British luxury group Burberry fell as much as 14% in early trade on Friday after the company downgraded its guidance, citing a slowdown in luxury demand.
Read more(Alliance News) - Burberry Group PLC on Friday warned it anticipates its annual results to be below previous expectations following a weaker festive period, with luxury retail demand waning.
Read more(Alliance News) - Stocks in London are expected to make gains at Friday's market open, as investors assess the latest economic data from the UK, US and China.
Read more(Sharecast News) - British high-end fashion group Burberry has delivered a significant profit warning on the back of the well-cited slowdown in luxury demand, which has rocked the industry over recent months.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.
Read moreBurberry slips on rating downgrade
*Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read moreJan 1 (Reuters) - BT Group's outgoing boss Philip Jansen has been approached about becoming the next chair of advertising group WPP, replacing Roberto Quarta, Sky News reported on Monday.
Read more(Sharecast News) - UK stocks edged higher to a seven-month high on Friday morning, though gains were likely to be limited in a shortened trading session ahead of the New Year's break.
Read more(Alliance News) - Stock prices in London opened slightly higher on Thursday, with investors feeling quietly optimistic on the penultimate day of trading for 2023.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read moreSuperdry drops on profit warning
*Read more